Oclaro-is a provider of optical components, modules and subsystems for the optical transport, service provider, enterprise and data center markets. The Company supplies optical network technology to telecommunication and data communication equipment companies across the world. The Company designs, manufactures and markets optical components, modules and subsystems that generate, detect, combine and separate light signals in optical communications networks. Its product offerings include client side transceivers, line side transceivers, tunable laser transmitters, lithium niobate modulators, transponder modules and receivers. The Company supplies optical products, including tunable lasers, external modulators, integrated lasers and modulators and receivers. The Company also supplies products at the module and subsystem levels, including transceivers, transponders and controlled subsystems.
From a technical standpoint, Here are the positives:
1. Currently multiple buy Fractals (highlighted in green box).
2. The lower indicator under the chart is CHOP; readings below the shaded area (38.2) indicate a strong trend. THE TREND IS GETTING STRONGER.
The green shaded area below CHOP is the CHOP ZONE. This has been strong (up) for quite a while.
3. The top lower indicator is phase energy, and this is positive. Very strong.
4. The is feeding in the uptrend.
5. / (top indicator) is strong.
6. Prices are trading above the .
7. Prices are trading above the thick red conversion line.
8. Prices are trading above the Ki jun-Sen baseline of the and this has been HEADING HIGHER.
9. The 5/34 (top middle) is strong. It now has a upward cross.
10. The is rising.
11. The moving average is rising.
In my opinion, OCLR-is in a solid uptrend. Very strong.
Good luck to you. Don.